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Board weighs raising general‑fund minimum from 7.5% to 10% after audit flags low reserves
Summary
Finance committee recommended increasing the district minimum general‑fund reserve from 7.5% to 10% to improve operating days of reserves after an audit showed the district has roughly 32 days of operating reserves; discussion focused on what 10% should represent (monthly minimum vs. annual average).
The Pullman School District finance committee recommended the board revise Policy 6000 to increase the district’s minimum general‑fund balance from 7.5% of annual expenditures to 10%, citing an audit that found the district currently holds roughly 32 days of operating reserves — below a 60‑day benchmark many consider a sign of fiscal health.
“Increasing the minimum fund balance to 10% will maintain adequate cash flow and improve days of…
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